1219 CHALLENGER, Lakeway TX 78734

My analysis of 3 comparable properties puts this home's estimated value at $1,478,000. Based on how the local market is moving, a list price between $1,895,000 and $3,013,000 would position this home well. This home's position in the current EDGEWATER market: the 4th most expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (742 sqft vs the comp average) plays a role in how the market prices it. Having a pool is a plus; 1 of the 3 comps lacked one. Buyers in EDGEWATER have 7 comparable options right now, with asking prices between $1,150,000 and $3,349,000. The 6 month price trend in 78734: fallen 0.7%. The best comp here is 902 Challenger ST, Lakeway TX 78734 at an adjusted value of $1,422,230, with a smaller floor plan. The comp data here (3 sales in EDGEWATER) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus